I personally believe his contract job contract got cancelled as i know others from his company left that same week. 

Personally, I've bought older homes since I invest in mobile homes myself.

Instead of "moving" it, you just "leave it there" for the next person.

If it crashes hard enough, it impacts your personal finances, your relationships, and even your mental/physical health.With the exceptions of politicians and so-called charities, building wealth typically requires sacrifice and time.

Yes, in theory a person can make CRAZY $$$$, and some absolutely do. 

I personally leverage, but have a large rainy day fund. 

There are large areas in the direction of the flight paths that do not have dense populations so it’s mostly a non-issue.

As a lender that has also personally invested in many properties, I think both sides can get too greedy.

Sellers often favor buyers who can make larger down payments, as it indicates stronger financial backing and reduces the risk of the deal falling through due to financing issues.Additionally, SFH properties are more accessible to a wider range of buyers, including first-time homebuyers and families, which can lead to less direct competition from institutional investors.

Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?